Exemption from Operation of provisions of Rule 12(2) of CE Rules, 2002 – i.e. furnishing of Annual Financial Information Statement - 017/2006 - Central Excise - Non Tariff

Exemption from Operation of provisions of Rule 12(2) of CE Rules, 2002 - i.e. furnishing of Annual Financial Information Statement Supersedes Notification No. 35/2004 CE (NT) dated 1/11/2004 Notification No.17/2006-Central Excise (N.T.) Dated 1-8-2006 G.S.R. (E) - In exercise of the powers conferred by section 37 of the Central Excise Act, 1944 (1 of 1944) read with clause (b) of sub-rule (2) of rule 12 of the Central Excise Rules, 2002 and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 35/2004-Central Excise (N.T.) dated the 1 st November 2004 , G.S.R. 725(E) dated the 1 st November 2004, the Central Government, being satisfied that it is necessary and expedient in the public interest so to do, hereby exempts the following assessee or class of assessee from the operation of clause (a) of sub-rule (2) of rule 12 of the said Central Excise Rules, namely:- (i) assessee who paid duty of excise less than one hundred lakh rupees 1 [***] during the financial year to which Annual Financial Information Statement relates; (ii) Indian Ordnance Factories, Department of Defence Production, Ministry of Defence. 2 [(iii) manufacturer or principal manufacturer, as the case may be, of articles of jewellery or parts of articles of jewellery or both, falling under heading 7113 of the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) . ] (Rahul Nangare) Under Secretary (CX-6 8) F. No. 201/35/2006-CX-6 ********************************* Note: 1. The words from account current has been omitted vide Notification No. 42/2008 dated 29/9/2008 CE (NT) 2. Inserted vide Not. 39/2016 - Dated 26-7-2016